Using Bernoulli analysis in horse racing game

Abstract

Horse racing is very popular in East Asia, especially in Hong Kong and Japan. But whether there is a specific way to win in this kind of gambling game is something that many people are curious about. There are many statistical analyzes in the field of mathematics that deal specifically with various forms of gambling. Many researchers also hope to use mathematics to calculate the winning method of horse racing. The aim of this article is to obtain, through mathematical analysis, the correlation between the effect of the weight of the horse on the outcome of a race in a horse race, under the influence of different distances. In the article, purely linear relationships and Bernoulli analysis were used to determine the results, and then Bernoulli analysis was used to obtain the relationship between the weight of the horse and the final result. In the plotting process, I used pythons PyMC3 library to help construct the mathematical model, and jupyter notebook to make the data more intuitive to show.